HC Deb 06 December 1949 vol 470 cc140-1W
51. Major Bruce

asked the Chancellor of the Exchequer to state, by countries, the total new capital investment overseas from Great Britain since the end of the war.

Sir S. Cripps

I would refer my hon. and gallant friend to the reply given to my hon. Friend the Member for Bexley (Mr. Bramall) on 11th November.

Sterling Balances (Release) 52. Major Bruce

asked the Chancellor of the Exchequer to state, by countries, the extent to which their short-term sterling assets, as at August, 1945, have been drawn down since the end of the war; and whether he will give an estimate as to how much of these amounts were converted into gold or dollars.

Sir S. Cripps

I would refer my hon. and gallant Friend to Cmd. 7793, Table IV, items 4–7 and 18–20. As I stated in my reply to my hon. Friend the Member for Bexley (Mr. Bramall) on 11th November, it would not be proper for me to publish figures of actual drawings on sterling balances by individual countries. Nor would it be proper to say how much has been drawn from the central reserves or contributed to them by individual countries.